Well, it is Dave’s daughter. Haha

@@michael86ishable Wow, I've been listening off and on for a while, and never knew that.

The rest of them are scared of being fired!

@John Doe has he left Dave? Shame I like him

This isn't the first time. No matter what they're saying I'm always on Rachel's side. 💙💙💙

Dave doesn't do numbers, he does full-blown cultist approach for his own profit.

It is fair to question whether the deal is legitimate. When you build a car online, you are calculating the MSRP with the options selected. That is different than what a dealer is going to sell for (could be more, could be less). Simple logic suggests that the same truck new would not be purchasable for less than one with mileage on it.

@@richard77231 you are thinking rationally....Dave is only thinking about how going against his rules even once could affect his business. Had Dave said, if you can get the car cheaper new....get it...but I don't think you can, then i could follow him... but. ..... no...Dave is not saying this. He is saying to get the used car even if the cost is higher, so that his rules remain unbroken.

Off the script

@@richard77231 well the caller did say the dealer is honoring MSRP and has it in writing. If that’s the case, buy new.

Why do they need a vehicle that’s arbitrarily over $20k? Just buy something cheaper.

Buy a bike, its cheaper to drive!!

Right $3k to $5k should buy anybody a decent vehicle

Two things can be true…however I side with Dave playing it safe is…safe. Look at the excitement on Rachel’s voice, in my experience people always talk like that before when they are getting fleeced. Dave sounds and is calculated while Rachel maybe it caught up in the moment and that brings on a risk. Just a thought…

@@spicerc1244 Um… a truck under 20k used is gonna be hard to find unless you’re buying 15 year old clunker with 200k miles. It really doesn’t make sense right now to do that. Which was Rachel’s point. Their advice would normally be good, but at this specific moment in time, you will be financially better off getting the maverick. It’s actually a really good deal for what you’re getting.

Yep. The only thing is he is trying to get the hottest new truck from Ford. If he can get it at MSRP, it is a no brainer. If not, buy something else. It is just a transportation tool. When you have wealth, you can then buy something else.

Ya his finances are great, that's doesn't change the fact that prices are way too high on a depreciating asset right now and he's getting a bad deal.

@@AnimeBeefRandoms exactly, this is the worst time to buy cars and houses. Prices are ridiculously high. Unless you really need a car now, don’t buy it. Have some self control. BTW, I have a feeling that the dealer will sell it as MSRP, but they will add another $3K worth of dealer installed accessories to maximize profit.

Dave is correct. This is the same mentality people use to buy items they don’t need (or a more expensive item than they need) because it’s “on sale”. Look how much money I am saving because I think I found a loophole. It might work once. Dave is constantly telling people to avoid the thing that usually fails even though it might work once because the odds are it will fail or if it works you get hooked by a behavior that leads to failure. Either way you lose and if you think you are the one who definitely won’t lose, then you are already exhibiting the losing behavior.

Unheard of in my youth, to make that much money at 24. Unbelievable when I hear these calls.

Same we need more respectful disagreements, I love it

Yes true

Dave is stuck in the 1960's if you are paying cash and have a good salary and savings. And just buying a sensible car I don't see it as a problem.

I just put two and two together.. Rachel is his daughter (insert mind blown emoji)

​@@josephericfisk1938not really not on this issue

well thats another thing too, the other cohosts have to be yes-men/women because of the boss-employee relationship- Rachael is his daughter so shes willing to argue back lol

@@caitlynclark3253 RIGHT!!! She's the daughter. People here think's she's so brave. Of course she's brave. She ain't going to get fired.

I'd have to disagree. You can still have bad habits if you're debt free. Spending for status and not giving just to name a couple. This could lead to the place you got your self out of. It only takes one slip.

The point is to not adopt new bad habits.

Whether Jared does or not, Dave has to talk to the viewer/listener as well.

Dave has a tendency to think about the listener rather than the caller when he gives advice. This results in very consistent messaging but comes at the sacrifice of the caller. This is the primary complaint about Dave outside of his circle. I do agree that the 'awareness' Dave talks about is the key to wealth building and I believe for Dave the 'end justifies the means' with his answers on the radio show.

I understand the bad habit, but keep in mind the pandemic running all the prices high. That’s why Rachel was ok with the new over the used car. If it wasn’t for these prices, Jared was willing to buy used as a debt free person.

I think the only other one I've seen kinda go against him is dr delony (spelling? Lol)

That’s because she is Dave’s daughter and she knows he cuts her slack and wouldn’t fire her for challenging him.

Helps when the boss is also your dad lol

Haha, that’s right. Fire me I dare you. You are gonna have to deal with Mrs. Ramsey :)

@@jml9550 That is why Dave has multiple homes, some of them undoubtedly in different countries.

She's right, but math isn't always the biggest denominator

His rules. Not my rules

I believe in math also… we did the debt avalanche because of the math. Dave doesn’t believe in straight math all the times hence his rants on the snow ball. This is just another piece built off those principles

Off the script 😂😂😂

If the caller can actually get the new car for 25k than Rachel is right. Cars do go down in value but the new care of he can get it at that price will still be worth more than th used car bought at that same price, in 3-5 years.

Right Dave was so wrong on this call, glad Rachel called him out on it

Christian values.

@@Ferdinand208 how do you mean?

@@Ferdinand208 leftism

Dave's whole approach assumes that his callers are horrible with money, which is usually correct. But when they are intelligent and reasonable, it flips the system on its head.

Only if it is cheaper. There are bunch of people complaining online about buy a car online and when they go to pick it up they get with a huge "processing fee" or "document fee". Because ,for the most part, new cars go through a dealer it's almost impossible ti get it cheaper than a used car. The sales people know how much it cost used.

The 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

They are actually agreeing that he should buy the cheaper car…Dave is just saying he’s likely not getting the new car for the cheaper price. Listen to Dave

Yep. If normal time a used 2-3 year old car is the best deal. But currently we are not living in a usual time.

Yup, if it was a used $20k Dave would apply the rule of less than 50% of your yearly salary in things that have motors.

Rachael is correct. It makes more sense to buy new than used in the current market.

She sure is smart. She’s the main reason I watch this show

Well he is her dad so...

@@ebonylo. exactly. What is Dave gonna do, fire her. Eventually she is gonna cash in once Dave is dead.

Why would anyone be scared? People love working with Dave. The only people that get fired are the ones who do stupid stuff off camera. Dave isn't impossible and he gets along with his cohosts, pays attention to feelings, and all that stuff. He just has a system that literally pays his and Rachel's salary. Why would any of them even want to budge from it? lol

@@connordavis2345 what are you talking about? I googled and couldn’t find anything

So true.

How so? We're in a car bubble so even if you sell your current car at a higher price, any used/new car will also be marked up. The 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

@@Argedis Not necessarily the worst deal if you ordered one and the price is locked in with an agreement in writing.

@@jeffreysproul9110 Ford stopped taking orders in January. There are also SEVERAL Reddit posts about dealers marking up custom orders before they even arrive. Like this one: "I am a 6/14 order, 7/5 confirmation no build date yet. Dealer told me they would be marking up my order when it comes in." When you order something there is no VIN yet so it's not like you can just get a regular bill of sale with the exact vehicle VIN in writing.

😂 got that right

Thanksgiving is going to be awkward

This is true! Lol

Ok what's you household income

@@mexicanboss5823 pretty good thanks for asking. Since they have a $160k income, they can afford a $22k vehicle regardless of it being used or new.

Dave said people should just "drive what you got" right now, and he's right. The dude never specified a reason for needing a new vehicle except saying 'she needs a new car' For some reason many people consider ~$1k in car repairs as justification that it's time to get a new car. Also the 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

He also speaks of needing to develop good habits vs always going with the math, which is where he would have been coming from. Dave is stuck on dealing with people that have and develop bad habits like rationalizing their way into a truck. Not all math problems account for the human factor, as not all human issues account for math. It is so rare for a new vehicle to actually be completely about the numbers that Dave went straight for the habit that could develop. Quite unlikely to develop in this case, as Rachel pointed out, but Dave deals with so much stupid he immediately heads there.

This caller made it sound like he went to the used car lot, got the price, then drove next door and the brand new version was cheaper and he got a firm out the door price, in writing. That's not true in any world, ever, for so many reasons. Look dude, if people are paying MSRP for a 4 year old car, local dealers are going to raise the price of the new car. This isn't rocket science.

The upgrade is Racheal! :D Love that she challenged him

I disagree. His method is proven. Also, dealers are not selling cars for less. So the very premise of the question is invalid.

Dave said people should just "drive what you got" right now, and he's right. The dude never specified a reason for needing a new vehicle except saying 'she needs a new car'. If her car was totaled he would've said so. For some reason many people consider ~$1k in car repairs as justification that it's time to get a new car. Also the 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

Dave loses a lot of credibility when he starts to exaggerate things. This guy sounds financially solid for his age. Kudos to him!

100 years ago, Dave's advice would have been "don't buy a car unless you're a millionaire, buy a horse and buggy! Horse and buggy has been a proven solution for 500 years!"

I don't think so.

They all wear knee pads

@preyr631 John is so goofy and makes things too personal.

This is true with John, but not with Kamel, he’s got that Middleeastern macho man twang! 😊

How many people has he driven into bankruptcy?

@@alinatamashevich3354 Dave is so wrong on this, I’m glad Rachel called it out. The guy saves thousands by buying the new car. Used cars are so much with this high inflation.

@@edb484 Dave is still correct. The guy has a low net worth with high income. The caller will be OK. I think Dave was leaning towards the guy buying a 15K or less car to get by until this craziness get over with. Dave operates on worse case basis. Guy loses his job, etc. That is why Dave wants one to have a 1M net worth, a 30K car will not rock their world. 100K , not a good margin.

He’s acting like a toddler with no control over his emotions. Plus cohosting with a woman that is his daughter; sounded so disrespectful.

@@KD-oc7qk It must be working, here you are!

Ouch 🤕

So his philosophy is spot on, but it isnt spot on? Have to pick a side.....either Dave should be followed 100% of the time, or the philosophy is questionable at best.

Most people that watch these videos probably doesn’t follow his plan 100 percent

Why new Honda Civics are hard to find. Just bought my first new

Why are you angry? Would listening to Dave's advice here hurt anyone? I don't understand your issue lol!

He’s treating the caller like he’s an addict, which all of us watching this video either are or have been and are at risk of relapse

Problem is Dave thinks one size fits all and you are always wrong.

It doesn't look like he is going to 'get in the habit' of changing the 'sacred' steps. He is just trying to navigate in never before seen conditions.

@@MR3DDev Hard to argue with 30 year track record.

@@alinatamashevich3354 in 30 years a new car has never been cheaper than a used one.

@@Soccerboy4Jesus Not sure I understand your sentence

You one blessed soul. Congrats on getting that Widebody! I hope to get a Hemi Challenger at some point. Until then I’ll be content with my old Slowpar 6-banger 🤣🤣🤣

I think that Rachel's ideas 💡 should at least be heard and not totally dismissed as is what happened here. Rachel, you go girl!

As long as it's not being part of the markup

I agree. Just paid MSRP for a new car ($22k) instead of buying a similar 3-4 year old cars that were $23-25k. BTW, wrote a check for full amount and drove off lot jn less than 90 minutes. Net worth appx 700k.

@@saulgoodman2018 in what way do you disagree

@@chasyho You will NEVER get that answer from Saul. He is a Dave troll and brain damaged

Sadly, this guy will not get the deal he thinks he will.

Yes, makes no sense whatsoever. I don't care if Dave thinks it's breaking some kind of financial oath, the new car has warranty and cost less than the used one what's the problem?

Another Dave rule I dont follow. Don't contribute to your 401k while paying off debt. I'm not leaving that 100% return/match on the table. No way!

Debt is bad to me. I am gonna pay off my 15 year mortgage at 2.625% in 3.5 years. I just wanna get mortgage out of my life.

@@jml9550 Your words will mean something, after you sell your house and rent for the rest of your life to get rid of the debt you have. If It was bad to you, you would not think this a bad idea.

@@rayjgold He said pay off his mortgage. Not sell it and rent.

Exactly! He concurs with Rachel, but he also needs to cater to a broader audience, which is why he responded in this manner.

Bingo.

Everybody has behavioural issues with money.

​@@jrwntctv8091 My behavioral issue with money is that once or twice per year I'll buy a $2 drink at Circle K instead of bringing along a 30 cent drink from home. Like the caller, Dave's system is of limited value to me.

I agree. It would makes things a lot more interesting.

You're forgetting about the loss of value from the time you get it. Given the same price, I withdraw buy the used car. I was looking at Traverses, and I found a 4-year-old Traverse at the same price as a new one, but the new one was base model, and the used one had all of the features. I'd buy the used one.

Get it in writing and make sure there is a clause that if they break terms, you get x-amount of dollars for the broken deal.

@@bradleymaravalli2851 yep. And make sure the dealer is not gonna tack on $4K worth of accessories to pad the profit. Seen that happened before many times with new models that everyone wants.

Potentially yes.

Short term potentially, long term definitely

Update bought the car and sold it for 13k more than I bought it for

​@@jaredanderson526perfect example of why Dave isn't always right. He's a human

Great update!

Same bro

it seemed healthy and respectful from rachel's side, seemed like Dave could only obfuscate and move the goal posts every time she or David brought up a good point or handed him facts. He just said well I don't believe it so it's wrong. Just my two cents.

@@j.asmrgaming1228 Standard behavior from a textbook narcissist.

Agreed. U don't usually pay markup on a custom ordered car.

Why would buying a car be stupid in all cases across the board?

Buying a car in general is a good thing. Not stupid!!

Okay if you really think that then whatever car you have now, I want to see you driving that car til the day you die Let’s see if buying a vehicle is stupid now…

@@FpsHavokboy I'm well into my 30s and never driven a car. Worked out perfectly for me so far ...

Or just a fat fly!

Dealers are only given specific allocations of builds per year. Because the manufacturers website shows you 22k doesn't mean the dealer is willing to part ways with their allocation at 22k, especially if the demand is this high. It's done at time of negotiation, not after delivery on the lot. Even then, you don't own the vehicle at time of order, but on delivery, dealers can still do whatever they want. Dave's argument wasn't framed well, but he's right that this young man will not find a dealer willing to sell their allocation at list. PLUS Ford isn't taking a Maverick order until this summer, so something isn't adding up.

Lots of people do. We just don't call in and tell him about it.

His mindset is inflexible.

The problem is that most of Dave’s audience has behavior problems managing the money. If he tells people get a loan and take risk,he is pushing them to think that taking a loan is OK on everything. Usually people who listen to Dave are full of debt. I used to save money before I knew Ramsey existed,but I come and hear his videos from time to time to recalibrate myself. At this moment I bought a new car (I had no choice but to buy the car) and I have the money to pay it off. Listening to Ramsey I decide to pay off the car rather than paying the loan with 2.49% interest in 60 months. But most of the people who call Dave buy very expensive and unnecessary cars and items and are full on debt. Encouraging them to get more risk is wrong strategy. I better listen to a stubborn Dave who may be off once a while than an Dave who starts loosing up.

Me too he's way off, no math involve from Dave here lol

If you agree with the statement "math is math," then you should disagree with The Total Money Makeover and his baby steps as he preaches them.

@Prey R Dave and his plan both disagree with you and me.

@Prey R I've never heard him say his rules are flexible, so yes, it is. Including in this video, to the point where he says the guy should spend $4000 more just to get an old car, and then downplays it by constantly doubting the authenticity of the letter the guy had. My guess is he threw a headset through a booth window after this one, and that we won't see Rachel for some time.

Yeah you can get more for your used car but you will also pay more for any used/new car. We are in a car bubble which will eventually end. Dave said people should 'drive what you got' and he's right. The only people who would win in this situation is if they ONLY sell a car without buying another one. Also the 2022 Ford Maverick landed on CR‘s “worst deals on new cars” list, which consists of the 10 new vehicles that are currently selling for the highest premium over sticker price.

He doesn’t like conceding on the rare exceptions to his framework

The problem is that most of Dave’s audience has behavior problems managing the money. If he tells people get a loan and take risk,he is pushing them to think that taking a loan is OK on everything. Usually people who listen to Dave are full of debt. I used to save money before I knew Ramsey existed,but I come and hear his videos from time to time to recalibrate myself. At this moment I bought a new car (I had no choice but to buy the car) and I have the money to pay it off. Listening to Ramsey I decide to pay off the car rather than paying the loan with 2.49% interest in 60 months. But most of the people who call Dave buy very expensive and unnecessary cars and items and are full on debt. Encouraging them to get more risk is wrong strategy. I better listen to a stubborn Dave who may be off once a while than an Dave who starts loosing up.

LOL he never does. That's why the debt snowball is mathematically inferior to the debt avalanche, why he says to buy used even when it's more expensive, etc.

It is already outdated

@direct message +❶❻❻❷❹❸❹❹❻❾❹ F spammers like you.

It’s mostly outdated now. I tune in for entertainment, but some of the things he says are outrageous